Carpenter Build Ltd

Carpenter Build Ltd, based in Liverpool, UK, is a large, active construction company founded ten years ago in 2014. With seventy-one employees and £4.58 million in assets, the company generated a substantial £15.6 million in revenue last year. Despite its size, Carpenter Build Ltd operates from a virtual address – 124 companies registered at the same location – raising questions about its physical presence. The company is managed by three directors and two owners, and currently holds a 3.0 Google rating based on just three reviews. It’s an irregular importer, with its top category being machinery, boilers, and mechanical appliances; parts, with a recent import recorded in March 2022.

The company’s website highlights its focus on building for a better future, boasting over 1400 new homes completed across the North West and a construction gross development value exceeding £200 million. It operates 22 developments, and emphasizes its decade of experience. The site also features a portfolio section showcasing completed projects and a team page introducing its leadership. The company’s contact information is readily available, including a phone number, address, and email form.

Financially, Carpenter Build Ltd’s report reveals some concerning trends. While revenue increased by a healthy 11%, the company’s net assets took a hit, decreasing by 23% to £2.7 million. Bank borrowings increased significantly, rising by 27% to £1.2 million, and cash reserves plummeted 28% to £1.1 million. Creditors also increased by 14%, suggesting a reliance on external financing. The company’s average number of employees decreased by 18%, from 71 to 58, which could reflect cost-cutting measures or project completion. Despite these challenges, the company’s turnover remains impressive, indicating ongoing demand for its construction services. The report was audited by Douglas Fairless Partnership, lending some credibility to the figures.

Overall, Carpenter Build Ltd appears to be navigating a period of financial pressure. While its construction pipeline remains robust, the company needs to carefully manage its debt and operating costs to ensure long-term sustainability. The decrease in employees could be a sign of restructuring or a response to project fluctuations, and the virtual address raises questions about its operational efficiency.

Registered in England/Wales under the registration number 09202605, with a registered address at L3 5NW, Liverpool, Merseyside, Seymour Chambers, 92 London Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.